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FOX Business
Dec 11, 2012 10:00pm EST
. fox news confirming president obama and the house speaker did talk on the phone today and traded proposals. advisers to the presidency the two sides are making progress. as with a market, stocks finied well off of flies, but still up solidly. the dow up 79 points, s&p nine, nasdaq 35. all three indexes moving above their 50 day moving averages for the first time in three months. volume picking up on the big board. three and a half billion shares traded. technology, the principal driver in the market. microsoft up on news it is upn production of its surface table, service tablet to better compete with appe, on a bullish report from merrill lynch about the growth of the smart phone and ipad markets. aig stock up on news the government sold the remaining common shares it holds. the sale means taxpayers realize the profit of $22 billion on the iginal bailout of 1,802,000,000,000. prices in the bond market down, pushing the yield on the treasury ten year to 165%. crude oil up. the price of a barrel of oil still under $86. the federal reserve and its today meeting on monetary policy an
FOX News
Dec 8, 2012 1:00pm PST
the united states just days before he is set to meet with president obama. and a new factor complicating efforts to reach a deal over the fiscal cliff. the president needs to make the next move. >> it is not going to help our economy, and it is not going to help those seeking work. i came out to put revenues on the table and to take a step toward the president to resolve this. when is he going take a step toward us? >>> welcome back and time for a quick check of the head loins. headlines. john mcafee is fighting deportation from guatemala to belize. he is wanted for questioning in the death of a neighbor. he became a millionaire after developing anti-virus software. >>> and former south african president nelson mandela is undergoing testing at a hospital. the 94-year-old hasn't made public appearances for years. >>> and a massive typhoon devastating the philippines has made a u-turn. the storm already killed nearly 600 people, and now it is threatening to mick a second land -- threatening to make a second landfall. greg? >>> president obama asking pong for tens -- asking for tens and bil
FOX News
Dec 11, 2012 4:00pm PST
-called fiscal cliff. this news is breaking now. aids say john boehner has sent president obama a new counter offer tonight. it's apparently a response to an offer the white house made yesterday. that was one day after the president and the speaker met one on one at the white house. of course three weeks from today automatic tax hikes and spending cuts kick in if they can't come to deal. jim angle is following late developments from our washington newsroom. there have been a lot of them in just the last 30 minutes. >> i will say, shep. the clock, of course, as you indicated is clicking louder. not clear if we had real progress or just movement. president and speaker boehner did talk by phone tonight after white house offer monday and counter offer from boehner about which his office said quote we sent the white house a counter offer that would achieve tax and entitlement reform to solve our loom being debt crisis and create more miner jobs. the statement also reit raided, however, what speaker boehner and others said earlier today. listen. >> we're still waiting for the white house to identif
ABC
Dec 12, 2012 1:40am PST
obama's comments on syria and the fiscal cliff made headlines. it's another abc news exclusive. >>> later, the advantages of inhaling rather than chewing. you're watching "world news now." ching "world news now." i'm done! "are you a cool mom?" i'm gonna find out. [ female announcer ] swiffer wetjet's pads are better than ever. now they have the scrubbing power of mr. clean magic eraser so you don't have to get down on your hands and knees to scrub away tough, dried-on stains. hey, do you guys think i'm "momtacular" or "momtrocious"? ♪ [ female announcer ] swiffer. now with the scrubbing power of mr. clean magic eraser. i just wish i could keep it this way. [ male announcer ] now you can. with the crest pro-health clinical line. used together, they help keep your teeth 97% as clean as a dental cleaning. the toothpaste actually reduces plaque. and the rinse reaches all areas and is clinically proven to help prevent plaque regrowth. crest pro-health clinical line. together, they help keep your teeth 97% as clean as a dental cleaning. crest. life opens up when you do. ♪ >>> a
FOX Business
Dec 12, 2012 7:00pm EST
: as opposition forces advance toward diagram damascus, president obama confirmed in an interview with abc news some officials have u.s. backing. >> is now inclusive enough, is reflective and representative enough of syrian population we occur them the -- consider them the legitimate representative of the syrian people in opposition to the assad regime. >> reporter: u.s. officials confirm that this week's fighting showed that the conflict is escalating. >> we're seeing use of another weapon, a barrel bomb, that is contains flammable materials, a napalm-like thing. >> reporter: the move to recognize elements of the syrian opposition, brought to a rebuke from russian foreign minister whose government has backed negotiation between the syrian president al-assad and the opposition, given u.s. involvement in libya and iraq to bring down their dictators, analysts predict big divisions between the white house and the russians. >> they are determined to preserve their ties to -- >> reporter: while administration downplays the leadership role this leader shows gee add hists, -- jihaddists on the ground
MSNBC
Dec 6, 2012 5:00pm PST
's big decision on the obama care exchange. and apple's ceo breaks big news to nbc's brian williams. >> next year, we will do one of our existing mac lines in the united states. >> tonight, a story of economic patriotism in an era of bain capital with e.j. dionne. good to have you with us tonight, folks. thanks for watching. the reality start to set in on members of the republican party. republican senator jim demint of south carolina is leaving kplil capitol hill to become president of the heritage foundation. don't cry for demint. the out-going president of the heritage foundation made $1.1 million according to 2010 tax filings. demint will do just fine. it's not just about the money. the senator realizes he could be more effective for the conservative movement if he's not attached to the dysfunctional party known as the republican party. in a statement, demint said "i'm leaving the senate now but i'm not leaving the fight. i've decided to join the heritage foundation at a time when the conservative movement needs strong leadership in the battle of ideas." he was more to the point
MSNBC
Dec 6, 2012 8:00pm EST
benched on fox news. and the real action of barack obama has sent the republican party into total disarray. >> that's what i'm talking about. >> congressman jim clyburn of south carolina and eugene robinson on the latest republican fiasco. >>> plus, congressman chris van hollen on john boehner's latest concession on the fiscal cliff. michael eric dyson and donna genteel-o'donnell on the political fallout. howard dean on chris christie's big decision on the obama care exchange. and apple's ceo breaks big news to nbc's brian williams. >> next year, we will do one of our existing mac lines in the united states. >> tonight, a story of economic patriotism in an era of bain capital with e.j. dionne. good to have you with us tonight, folks. thanks for watching. the reality start to set in on members of the republican party. republican senator jim demint of south carolina is leaving kplil capitol hill to become president of the heritage foundation. don't cry for demint. the out-going president of the heritage foundation made $1.1 million according to 2010 tax filings. demint will do just fine. it'
MSNBC
Dec 10, 2012 11:00am PST
developing news. president obama on the ground in michigan right now starting the week right where he left off last week. using the public to pressure republicans in to extending tax cuts for the middle class to avert the fiscal cliff. these are some live pictures of a diamler plant outside of detroit where the president will be speaking in a couple of minutes. the president greeted by the state's republican governor about an hour ago. one day before a controversial right to work bill the white house is opposed to is signed in to law. we'll have more on that later in the show but as far as the fiscal cliff, our first read team says we are already at the end game if the goal is to get a deal passed by december 21st. now that means the president and house speaker boehner have five days max to reach an agreement. that takes us to the 15th. then the legislation has to be written by the 18th. the president is now working two strategies to get a deal done. he met with speaker boehner yesterday. that's the first face to face in nearly a month and their one on one first one since july 2011. now, t
FOX News
Dec 11, 2012 10:00am PST
senators are joining a republican-led effort to repeal a new medical tax tied to president obama's health care overhaul that they all voted for. but now they say it could have a devastating impact. it's called the medical device tax, and starting next year it will impose a 2.3% tax on all medical devices. it's supposed to bring in nearly $29 billion over the next ten years which, according to the medical industry, will in turn force them to cut more than 40,000 jobs. stu varney is the anchor of varney and company on fox business network. hi, stu. >> how you doing? alisyn: i'm doing well. it's interesting that this group of democratic senators -- two very well known ones from minnesota, senator al franken and amy klobuchar -- are now asking for a delay on this tax. they actually want it repealed. >> yep. alisyn: where were they two years ago? >> that's a very good question. maybe they hadn't read it all in detail, because that tax was in there. three weeks to go before this tax is imposed, before costs are raised on granny's hip, before jobs are lost in the medical device industry, suddenl
FOX News
Dec 11, 2012 6:00am PST
? hidden in a new obama health care law a fee that will be passed on to millions of americans. it is $63 a head. it kicks in 2014. the fee is help meant to cover people with preexisting conditions under the new health care law which is big part of that. the obama administration says the fee is only temporary. they believe that costs overall will lower, over time and then they will be able to phase that out in 2017, unless congress decides to extend the fee if those cost savings don't seem to materialize. if history is any guide congress almost never finds parting with new taxes very easy. several large companies will end up paying tens of millions of dollars in the fee. maybe a few hundred dollars for the small firms. most will get passed on to workers. it is a tax increase no matter how you look at it really. [shouting] gregg: well there you see it. this is brand new videotape from lansing, michigan, moments ago. you have thousands of union protesters angry over a new law about to be passed by the legislature there. this is the rotunda inside. and the governor is going to sign it, which
Current
Dec 10, 2012 6:00am PST
across the country once people saw obama tour new jersey. that was it. that was just -- everything else was out the window. all of the -- you know, allegations about four years of obama being a socialist and a monster and all of that stuff was just apparently evaporated because of the hurricane. also rove was pushing that nonsense last week. obviously rove and morris have the most explaining to do. >> stephanie: and o'reilly. apparently there's one now and only because of hurricane sandy. >> he went on -- o'reilly went on leno and was explaining last week romney just disappeared after the hurricane hit. the last week. interesting point he said he would have had romney on for the entire hour, you know, the night before the election. they made that offer. they made it to obama. but o'reilly couldn't get romney on his show and would have given romney an entire hour the night before the election. so he says -- basically you know, if you come on my show, he would have won. if there hadn't been a hurricane, he wou
FOX News
Dec 7, 2012 7:00pm PST
to expand and create jobs. create new taxpayers. that's how you get new revenue. president obama wants to punish success. that's very sad. >> greta: you say that president obama wants to punish success. i'm curious to what extent you think those two percent people will in a commensurate way will reduce their charitable giving so they won't feel any sort of the pinch of the tax increase, but it will be charitable organizations. >> what's happening right now, businesses are speeding up dividends in anticipation of increased taxes. people are also speeding up charitable giving here at the end of the year. listen. americans. >> greta: next year. >> we're a generous society. >> that could be a problem. most people donate do it because they have a depth of feeling, they do it from a charitable heart. that's not going to curtail that much based on what happens to the tax code. >> greta: someone who gave $5,000 this year might want to only give 4,000. maybe the person won't completely do away with contributions, but i do suspect, i don't know, is that it will have an impact with some on some c
FOX News
Dec 9, 2012 1:00pm PST
management >>. >> heather: time for the top of the news, president obama met with john boehner to discuss efforts to resolve the fiscal cliff. they emphasize the lines of communication remain open. >> gregg: new fallout for the australian radio station behind that royal prank a call. they tricked a nurse into thinking they were the queen and king of england. now the radio station is ordering a review of the station's policies. a lot more in the next hour. >>> venezuelan president hugo chavez announced that his cancer has returned. he is traveling back to cuba and he is announcing that vice president should take his place as successor. arthel nevil is following this. >> reporter: those treatments include what president chavez called a new surgical intervention, speaking to a national audience from the national palace he gave details about tests that indicated some malignant cells returned to the same areas where previous tumors had been removed. in his first reference to any possibility that if his health were to further deteriorate, he says his successor, the vice president would take ove
FOX News
Dec 10, 2012 2:00pm PST
it off and right to work, i bet an auto company goes -- brand new, never done business before in detroit. >> kimberly: you will lose this bet, bob. >> eric: coming up, 2004 south korean singer rapped about killing americans in 2019 and is invited to perform for president obama. ♪ ♪ >> eric: maybe not. we will gangmam bang it out next. and make sure you go to the facebook page. we are updating and posting facebook.com/thefivefnc. click like. we'll be right back. ♪ ♪ [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. [ male announcer ] lifts to clear obstacles. ♪ lowers to cut drag. rises to every challenge. the class exclusive air
Current
Dec 10, 2012 4:00pm PST
president obama has a new stance on corporations. interesting. let's take a look at google. now this is fascinating tax avoidance. you can name so many companies that do this. bloomberg wrote this story about google as an example of how they do this. google avoided $2 billion in worldwide income taxes by 2011 by shifting $9.8 billion in revenues to a bermuda shell company. they do things like the double irish and the dutch sandwich, which sounds like a different kind of sandwich to me because we're going to have to eat those taxes. if we lived in a real democracy do you think people would let corporations like google shift $9.8 million in taxes away from us or $2 billion in taxes all over the world away from themselves an on to us? that wouldn't happen in a democracy. but in our form of government the people who are served, the people who are represented are the one who is are the largest donors. if you look at how much google gave president obama as an example they gave $737,055. they were his third largest donor. weird how they get to get away with all those tax avoidance sche
ABC
Dec 11, 2012 5:30pm PST
, today, president obama had some big news. for the first time, he is putting the syrian opposition on the path to be recognized as the new government if and when assad falls. i'd like to talk about syria. do you plan to recognize the opposition and give them some legitimacy? >> we've made a decision that the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population, that we consider them the legitimate representative of the syrian people, in opposition to the assad regime, and so we will provide them recognition and obviously with that recognition comes the responsibilities on the part of that coalition. >> reporter: that's a big step. >> it is a big step. there is a small element of those who oppose the assad regime that are, in fact, affiliated with al qaeda in iraq. and we have designated them, al nusra, as a terrorist organization. and we are going to make clear to distinguish between those elements of the opposition. >> reporter: for the president, recognizing the syrian opposition as the legitimate authority in that
MSNBC
Dec 11, 2012 4:00pm PST
should republicans in the white house have exchanged new proposal tsds today. and president obama and boehner have spoken at this time. quote, we sent the white house a counteroffer that would achieve reform to solve our looming debt crisis and create more jobs. that's all we know. dana milbank, they say it's good. they said it will solve our problems. they won't say what it is. explain. >> well, look, we're still in the fairly early stage of posturing here, and nobody can strike a deal until they get closer to it, until their feet are to the fire. >> when do you say the fire begins? >> nobody can make any prediction for sure -- >> try. >> they could hammer this out in three hours if they really wanted to. >> that's right. >> but if they don't wait until the very end of december or even go over the cliff -- >> i think it's 21. i'm going to bet on -- what's your hunch about this, ron reagan? you're here -- i think they're going to try to get it done by christmas just for efficiency's sake and not to scare the horses. that's the thought i have. i may be conservative about this. >> y
FOX
Dec 10, 2012 5:00pm PST
. reporting live from san francisco, rob roth, ktvu channel 2 news. >>> president obama traveled to michigan to show support for union workers in the middle of a battle with the governor. >> what we shouldn't be doing is taking away your rights to bargen for better wages and working -- bargain for better wages wages and working conditions. >> it would prevent unions from requiring workers to pay union dues. it will make it one of the most heavily uniized states to -- union states to pass a right to work law. >>> the irs has been handing out billions of dollars to identity thieves. they were hit by 640,000 cases of people filing bogus tax refunds. they are deploying 3,000 agents to prevent another spike. if you get hit the government can be slow to respond. >> if someone has a problem it gets fixed quickly because there is a higher level of service. >> if your tax refund is stolen you could face a mountain of paper work and months of waiting. >>> about the middle of december, you would never know it by looking outside. 70 degrees? >> couple spots hit 70. redwood city. temperatures will be tre
MSNBC
Dec 11, 2012 11:00pm PST
in the national journal's latest polling, 54%, 42%. in a new associated press poll, president obama is plus 16, 57% approve versus just 41% for disapprove. by the way, we served the good wine last year as you noticed. we'll be right back. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. satisfaction guaranteed tired of fees piling up introducing chase liquid. the reloadable card with no fee reloads and withdrawals at chase atms. all for one flat monthly fee so there's zero confusion. get rid of prepaid problems. get chase liquid. >>> welcome back to "hardball." about 10,000 demonstrators took to the michigan state capital today as labor supporters protested two right to work bills in the state long know
MSNBC
Dec 12, 2012 4:00pm PST
it working again. u.s. officials confirmed that syrian forces have confirmed scuffles. that is the news. >>> welcome back to "hardball." there was a hint of movement on the fiscal cliff deal between president obama and speaker boehner yesterday. here's where things stand for now. the white house sent over a proposal that lowered the revenue target for the president obama from $1.6 trillion to $1.6 trillion. he also increased spending cuts to $600 billion. so you have three things he's moving on there. speaker boehner was not impressed sending over his original offer of $800 billion in revenue. by the way that was the number last summer, summer of '11. acknowledged there's a long way to go. let's listen to him. >> i remain the most optimistic person in this town, but we've got some serious differences. the president and i had a pretty frank conversation about just how far apart we are. >> and in an interview with barbara walters, the president held firm and said time is running out. >> taxes are going to go up one way or the other. and i think the key is to make sure that taxes go up on
MSNBC
Dec 12, 2012 2:00pm PST
connell has stopped being a real conservative and is being a guy that wants to bring down obama. anyway, the new nbc poll shows democratic party approval higher than republican. approval of the democrats 44%. of republicans 30%. it shows that 59% that president obama has a mandate to eliminate tax cuts for the rich. how do you look at that, chip? that's solid that 59%. how can the republicans on the hill deny it? >> well, we lost a major -- we lost a national election, obviously. we didn't gain control of the senate. we did get control of the house. president obama is the guy that beat us. and so they're riding high right now. and they have framed this issue about tax increases on the rich. and as i jokingly say when you polled 98% of the people they always agree tax the other guys. and when we -- >> i know. don't tax me. tax the guy behind the tree. let me ask you a question. you're a great guest. would mike huckabee had won this general election if he was the nominee? >> i'm biased, but i think he would have had an opportunity to win and beat obama for one simple reason. he's a conser
FOX News
Dec 8, 2012 11:00am PST
think the media loves the story of president obama's comeback and the new york time describes him as disciplined and unyielding and focused on this and i think there are other media stories as well. the second media story or narrative. which one wants to grow by virtue of the tax increases and get new perspective from the mainstream media and the third is mcconnell and boehner back and forth. and the media want to praise him if they raise taxes and. the sort of grover norquist and he's a funny kind much a guy and during the interviews, endearing, and put the burden on him and the third is rebellion and charles krauthammer and steve forbes and the media like that story the least. >> i think there's a 6th story, jim. which is the media that quote progressive media of msnbc, tipping down to the white house to have an earnest chat to chat with the president about how important not going over the fiscal cliff is, and how important it is that they persuade their viewers to lean on those people who oppose them, so that they can actually avoid the cliff. that's amazing. >> you know, the m
CNN
Dec 7, 2012 4:00am PST
cliff. a new glimmer of hope that maybe a deal is in the works. president obama and speaker john boehner are meeting one-on-one trying to hash out a fiscal cliff deal before the end of the year. clearly that's the deadline. no other leaders in the room though. just the two of them. there are sources that confirm that staff members on both sides resumed talking on thursday as well. will those talks go anywhere? mr. baer is a managing director of the harbor group and he's with us this morning. thank you for being with with us. >> good morning. >> i'm trying to decide if this meeting is a good idea for a bad idea. on the good side f you move all the noise and the debate and the extra people in the room and bring the two main people to sit down and hash it out, that could be a good thing. >> it is a good sign. that's how this deal is going to be done e. that's how it was done last s summer how we avoided government shutdown last spring. there's a lot of staff work that has to be done. what's speaker boehner's position and can he bring along enough members to pass a big deal. >> that kind of
Current
Dec 7, 2012 6:00am PST
♪ >> and the president of the united states is once again barack obama. >> and time for a new sexy liberal. >> not a victory of body, but a celebration of freedom. >> no, a new sexy liberal show. >> january 19th inauguration weekend in our nation's capitol, the stephanie miller sexy liberal comedy tour make it's 2013 debut. featuring hal sparks -- >> have a lot of liberal friends who love this country to vote almost every other election. >> john fugelsang -- >> [ inaudible ] >> aisha tyler -- >> get some more bourbon, because i'm thirsty. >> and stephanie miller >> safe sex seems way too confusing -- >> stephanie miller's sexy liberal show at the warner theater, january 19th. >> not a celebration of party but a celebration of jelly doughnuts. >> stephanie: exactly. >> by the justin on twitter would like to remind you mano mano means hand in hand. you didn't know that? >> stephanie: of course. >> it is something we said in high school, we made it up and it has just stuck with me. >> stephanie: it makes no sense. it's just where the yikes. now i want to know where the y
FOX News
Dec 12, 2012 8:00am PST
deadly plan. >>> as a deadly bloody civil war rages in syria, the opposition gets new support from around the wormed and the united states. what president obama just said. and a look how this crisis figures in the foreign policy challenges mr. obama faces in his section term. that is -- second term. that is next. [shouting] having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. jon: right now some new information on crime stories we're keeping an eye on. police say the man who confessed to murdering an alaska barista also planned to kill her boyfriend. before israel keyes committed suicide in jail he told investigators he new samantha koenig's boyfriend was coming to pick her up from work but he later changed his mind about killing him. police say keyes also confessed to seven other murders across the country but they don't yet know the i.d.'s of his victims. >>> 7-year-old austin sigg is retu
ABC
Dec 11, 2012 4:00am PST
, with a stalemate over heading off huge tax increases and deep spending cuts at the start of the new year. president obama and house speaker john boehner are keeping tight-lipped about those talks. in michigan on monday, the president warned going over the fiscal cliff will cost jobs and send the country in a downward spiral. >>> colorado is now the second state after washington in which marijuana is now legal. that became the law yesterday, when the governor put a voter-approved amendment into the state's constitution. the implementation of the law will be worked out by a special task force. in a statement, the u.s. attorney noted that pot remains illegal, though, under federal law. >>> well, family and friends are remembering that navy s.e.a.l. who gave his life to rescue an american doctor in afghanistan. abc's senior foreign affairs correspondent martha raddatz has more on the life of this fallen warrior. >> reporter: nicolas checque was just 28 years old. but for much of the last decade he had been a navy s.e.a.l. the last five years, part of the elite s.e.a.l. team six. in iraq, afghanistan, w
MSNBC
Dec 12, 2012 11:00am PST
pleasure having ow again. thank you both. president obama calls it a big step in a new interview. the president recognizes the syrian opposition for the first time. >> the syrian opposition coalition is now inclusive enough and reflective and representative enough of the syrian population. >> the "new york times" said the announcement draws a sharper line between the elements of the opposition and the u.s. supports and rejects. i will talk to bobby gauche. a "wall street journal" poll being released tonight, the question, do you think leaders in congress should compromise or stick to their positions when it comes to the budget deficit? that is the question. how would you answer? we will show you the results of our poll. i will show you the conversations on twitter. it's on tamronhall. the holidays are here and we're here with cyreeta talking about the walmart low price guarantee. that's your receipt from another store? it is! let's put it to the test. alright! that's walmart's everyday low price. get out! ok, but i'm taking these! ready? yes. there you have it! that much? that's
FOX Business
Dec 11, 2012 6:00pm EST
obama get his way or boehner or either? who knows. the results of a new report next. copd makes it hard to breathe, but with advair, m breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. tracy: the future of our country hinging on our gridlocked congress. does that make you feel better? so far the fiscal plans put forth by the pre
FOX Business
Dec 11, 2012 9:00pm EST
of their moves inside the u.s.. president obama get his way or boehner or either? who knows. the results of a new report next. tracy: the future of our country hinging on our grdlocked congress. does that make you feel better? so far the fiscal plans put forth by the president and speaboehner simply wonnt cut it. a new report out find neither proposal reduces our debt enough to solve our economic crisis putting the country at, well, further risk for another downgrade. anybody want to talk abou august last summer in what will it take to get the house in order? ask alex, research fellow at the american enterprise institute and former chief economist for the house ways and means committee. alex, here's the thing, it's tax on both plans. >> well, to do go to your opening remark, you're definitely right. the's a short term crisis where taxes are set to skyrocket on january 1st and long term challenges that can want be met with tax increases alone. mathematically impossible. we have health care spending growing faster than the overall economy. there's no tax policy that can rectify that situation. trac
MSNBC
Dec 10, 2012 8:00am PST
hit with hefty new taxes to help fund president obama's signature health care law. the taxes that kick in starting january 1st. and .9% increase in the payroll tax on wages over $200,000 for individuals and $250,000 for couples. also a new 3.8% tax on investment income for those individuals earning $200,000 and couples earning $250,000. the estimated impact on these top earners, tax increases next year averaging $6,000. joining me to dig a little deeper on this, "washington post" and bloomberg view come ummist ezra klein who's also an msnbc policy analyst. we've hardly heard anything about all of this. why haven't more people opposed to the raising of income tax rates on the highest earners used this as an argument against hitting people with this double whammy, so to speak? >> when it was going through they were arguing about it more broadly. it did get mentioned on and off. republicans said -- they would often say $500 billion in taxes. they mentioned it. it was couched in this broader argument over the bill. once it passed it was done. people in washington tend to argue over what th
PBS
Dec 11, 2012 5:30pm PST
the white house a counterproposal in response to a new plan president obama offered up privately yesterday. a boehner aide said the g.o.p. is waiting for the president to identify spending cuts, a point the speaker made on the house floor earlier today while white house press secretary jay carney called on republicans to get serious about revenue. >>here are the psint's spenng cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. now, if the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. because right now the american people have to be scratching their heads and wondering when is the president going to get serious? >> on that question of whether or not we have put forward specific spending cuts, the answer is is we have. not only that, we signed law a trillion dollars in specific spending cuts. so if you combine what is signed into law with what we proposed versus the total absence of any specificity from the republicans for a single dollar in revenue,
FOX News
Dec 8, 2012 7:30am PST
, everybody, we're live in america's news headquarters, i'm jamie colby. president obama going off republicans on the looming fiscal cliff on the weekly radio address. accusing the house of blocking a bill aimed at year end middle tax cuts. >> they put forward an unbalanced plan that lowers rates for the wealthiest americans. >> if we want to protect the middle class, the math didn't work. >> meanwhile, florida senator marco rubio delivering the response, prosperity should come through job creation and smaller debt not taxes. >> we must get the debt under control. taxes will not control our debt. >> both sides of the issue. i'm jamie colby, back to cavuto on fox business, only on the fox news channel. >> what's the deal with the guy wearing sunglasses and saying nothing? >> and all over again in michigan, protesting the right to work bill. the scene almost identical to wisconsin last year and that state's battle over collective bargaining and then, what's going on? >> and i think it's always tough for unions to admit they've lost allure. i'm a union man and i know charlie is very fond of union
FOX News
Dec 10, 2012 11:00pm PST
to work, i bet an auto company goes -- brand new, never done business before in detroit. >> kimberly: you will lose this bet, bob. >> eric: coming up, 2004 south korean singer rapped about killing americans in 2019 and is invited to perform for president obama. ♪ ♪ >> eric: maybe not. we will gangmam bang it out next. and make sure you go to the facebook page. we are updating and posting facebook.com/thefivefnc. click like. we'll be right back. ♪ ♪ ♪ ♪ >> greg: we're going to hell. the korean pop star performed at christmas in washington last night. joe biden took a picture with him thinking he's obama. he is the guy behind gangnam style is exposed for a song called "stare american" what which had him rap kill the bleeping yankees who ordered them to forture. kill their daughters, mothers, daughters-in-law and fathers, kill them all slowly an painfully. now he says he is deeply sorry for how the lyrics could be interpreted so there is more than one way to interpret "kill them all"? psy would rap a different tune about the military. hi'd do the silly horse trot screaming "save
MSNBC
Dec 11, 2012 2:00pm PST
polling, 54 slrs/42%. in a new associated press poll, president obama is plus 16, 57% approve versus just 41% for disapprove. by the way, we served the good wine last year as you noticed. we'll be right back. [ loud party sounds ] hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> welcome back to "hardball." about 10,000 demonstrators took to the michigan state capital todays a labor supporters protested two right to work bills in the state long known for its proud union history. the bills would mean workers would not have to join a union or be forced to pay deuce, and those bills are headed to the governor's desk right now. republican governor rick snyder had in the past said right to work with
MSNBC
Dec 12, 2012 2:00am PST
. but this morning, there are signs of some movement in negotiations. president obama and house speaker john boehner did speak by phone last night. that conversation came after the president offered to reduce his initial request for $1.6 trillion in new revenue to $1.4 trillion but is reportedly not backing down on raising taxes for the top 2%. boehner's spokesman said republicans are still seeking further concessions on spending cuts. >>> well, there are some new details this morning on that london nurse who took her own life after passing through a prank call at the hospital that was treating kate middleton for extreme morning sickness. jacintha saldanha's family reveals that she left a suicide note, though they haven't released details of what that note said. earlier this week, the two deejays who made the call said the tragedy has left them shattered, gutted and heartbroken. >>> now, here's your first look at this morning's "dish of scrambled politics." mitt romney wasn't the only one caught off guard last night. it is reported the powerful conservative koch brothers are postponing a gathering s
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